Strong retail sales data could send USD even higher
GBP remains in downtrend
EUR could weaken further against JPY
On Tuesday, the US dollar once again took center stage as it continued its bull run and kept increasing the pressure on other global currencies.
Yesterday it seemed to be more...
Dow Jones higher, S&P 500 lower
Energy stocks close lower after oil price drops
Arconic share prices increase, J.B. Hunt closes lower
The most important stock markets in the US delivered mixed results yesterday. The Dow Jones Industrial Average closed slightly higher with a gain of 44.95 points or...
US stock markets return to positive territory
Nasdaq reaches a record high
EC cuts economic growth forecast for 2018
US stock markets returned to positive ground on Thursday after a losing streak earlier in the week.
The Nasdaq hit a record high after gaining 1.2%. The S&P 500 ended 0.8%...
Asian stocks fall from Shanghai to Singapore
Australia’s ASX 200 also drops
Social media stocks suffer in the US
Stock markets in Asia dropped on Monday following a sharp drop in the American tech sector on Friday.
South Korea’s Kospi fell 0.1% to 2,293.92 and the Japanese Nikkei 225 dropped...
US Fed announcement largely ignored
US drastically increases tariffs on Chinese imports
Asian markets subsequently report sharp losses
The decision by the US Federal Reserve to keep rates unchanged has been ignored by forex markets to a large extent so far.
What caused Asian markets to plunge sharply on Thursday...
Investigation has been going on for five years
Maximum fine could be 10% of international turnover
Various other banks also being investigated on similar charges
The latest news from the Eurozone forex front is that European Union antitrust regulators have charged Credit Suisse with rigging foreign exchange rates, according...
Turkey announces punitive tariffs against many American products
Lira recovers to 5.85 against USD
US alcohol, automobiles and tobacco hit particularly hard
Turkey’s heavily punished currency, the lira, strengthened sharply yesterday morning after the Turkish government announced that it would impose significant tariffs against American products in retaliation for...
This week should bring more strong earnings results
Consumers most positive in 13 years
Goldman Sachs expects some stocks to rise by up to 44%
This week should bring more robust Q2 earnings results from various consumer firms. Retailers including Home Depot and Walmart will release their Q2 results...
